Insider trade

CFO sold ~$465K of CAT shares in the open market

Traded Dec 31, 2025 · Filed Jan 5, 2026

CaterpillarCAT

~$465K
Reported value · 812 sh @ $572.71: 55K
Holds after · shares reported: +44.3%
stock since the trade · S&P 500 +12.0%, $572.87 → $826.35 on Oct 1

Why it stands out

The money chief of Caterpillar sold $465K of Caterpillar shares. Nobody planned it ahead of time.

Written from the filing's own figures. OQRO describes what was reported and never tells you what to buy or sell

View the official recordSEC Form 4 — Statement of Changes in Beneficial Ownership

All the details

Dates, kept separate

Transaction date: Dec 31, 2025
Reporting period: Not applicable
Filed with the SEC: Jan 5, 2026

CFO$100K–$500K

Context

Classification

open market sale

Code S — open-market or private sale

Absolute commitment

~$465,041

Shares × reported transaction price

Timing vs results

63 days after results of Oct 29, 2025, 29 days before results of Jan 29, 2026

Results dates are the company's own 8-K (Item 2.02). Many companies only let insiders trade in a window after results

Price at the time

Closed at $572.87 on Dec 31, 2025, 109% above its 52-week low and 8% below its high, after a 4% rise over the previous 30 trading days

52-week range $273.94 (Apr 8, 2025) to $625.61 (Dec 11, 2025), 85% of the way up, from 250 adjusted closes. 30 trading days earlier: $552.05 on Nov 17, 2025. Describes the past only, not a forecast

Planned / mechanical clue

None found in footnotes

Only flagged when a footnote says so; never inferred

After it was reported

After	Stock	S&P 500	Difference
7 days	+2.2%	+0.3%	+1.9%
30 days	+8.9%	-2.0%	+10.9%
90 days	+15.8%	-4.8%	+20.5%
180 days	+55.7%	+8.6%	+47.1%

Past results only. Not a forecast.

Source receipt

Record ID: 0001104659-26-000564
Filed / recorded: Jan 5, 2026, 7:45 PM UTC
Added to OQRO: Oct 2, 2026, 3:52 AM UTC
Parser: form4-xml-v1
Data quality: Verified: identifiers matched exactly
Issuer: CATERPILLAR INC
Issuer CIK: 18230
Ticker: CAT
Reporting person: Andrew R J Bonfield
Relationship: Officer
Officer title: Chief Financial Officer
Security: Common Stock
Table: Non-derivative (Table I)
Transaction date: Dec 31, 2025
Transaction code: S
Shares / units: 812
Price per share: $572.71
Acquired / disposed: Disposed (D)
Shares owned after: 54,648
Ownership form: Direct
Amendment: No

Footnotes from the filing

This transaction was entered as multiple trades, at prices ranging from $572.17 to $573.16. The price reported above reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request of the SEC staff, the issuer or a security holder of the issuer, full information regarding the number of shares and prices at which the transaction was effected.

Around the same time

8mo ago

12KShares · @ $196.70

Derivative exercise or conversion — not an open-market buy.

Why it stands out Official record

8mo ago

3,399Shares · @ $683.39

Routine share withholding; mechanical by default.

Why it stands out Official record

Officer sold8mo ago

~$679KReported value · 1,000 sh @ $678.52

Caterpillar's Group President sold $679K of Caterpillar shares. Nobody planned it ahead of time.

Why it stands out Official record